Spot charter rates for LNG carriers have made a dramatic U-turn, falling from recent highs in the wake of the outage at Texas’ Freeport LNG plant, but the volume of enquiry in the market is leading some players to suggest levels could rise again soon.

Fearnley LNG reported that spot rates for modern two-stroke LNG carriers trading in the Atlantic basin region fell almost $45,000 per day to around $90,000 per day.